Takeaway fans deliver £132m

DELIVEROO has raised more than $180million (£132.5million) from existing investors, ahead of its blockbuster £5.2billion flotation.

It will use the money to open more delivery-only kitchen sites around the world and expand its grocery delivery services. Founded by chief executive Will Shu in London in 2013, Deliveroo has seen business boom during the pandemic.

The funding round was led by Durable Capital Partners and

Fidelity and comes as the company gears up to float on the stock exchange. Its other investors include Amazon and Indexventures.